Indian Coast Guard seizes Pakistani boat with heroin worth Rs 300 crore off Gujarat
NEW DELHI: In a joint intelligence-based operation with ATS Gujarat, a Pakistani boat ‘NUH’ has been apprehended by Indian Coast Guard (ICG) off Jakhau, Gujarat with 30 kgs of heroin. Eight Pakistani nationals have also been arrested from the boat. An input was received on April 13, 2021 regarding suspected narcotics trafficking by Pak boat […]
Ministry of Agriculture signs MoU with Microsoft for a pilot project in 100 villages of 6 states
NEW DELHI: Union Ministry of Agriculture and Microsoft India yesterday inked a Memorandum of Understanding (MoU) for a pilot project in 100 villages of 6 states. On this occasion, Union Minister for Agriculture and Farmers Welfare, Rural Development, Panchayati Raj and Food Processing Industries Narendra Singh Tomar stated that Prime Minister Narendra Modi’s idea of […]
CPP Investments to invest Rs 1,500 crore in its JV with RMZ Corp to build office spaces
NEW DELHI: Realty firm RMZ Corp has tied up with Canada Pension Plan Investment Board to develop office complexes in Chennai and Hyderabad and the latter will invest Rs 1,500 crore (USD 210 million) in the joint venture. Bengaluru-based RMZ Corp, which is one of the leading commercial real estate player, said it has entered […]
DDA gives preliminary nod to master plan-2041 for Delhi
NEW DELHI: The advisory council of the Delhi Development Authority (DDA) on Tuesday gave its preliminary approval to the draft Master Plan for Delhi-2041. The draft will now be put in the public domain for inviting objections/suggestions from the people of Delhi, said a DDA spokesperson. The DDA has prepared a draft MPD-2041, giving more […]
Wave City launches luxury residential project-Veridia
NEW DELHI: Wave City, one of India’s largest smart cities located in Ghaziabad, said that it has launched yet another exciting project called ‘Veridia’ in the luxury real-estate segment. The project located at Oakwood Enclave, spread across 24.47 acres of area with a unique configuration of Stilt+6 floors of 4bhk and 5bhk skyvillas, and are […]
Amazon moves Supreme Court against Delhi High Court stay order restraining Future-Reliance deal
NEW DELHI: Future Retail on Wednesday said Amazon has approached Supreme Court against a Delhi High Court order which stayed a single judge’s order restraining Future Retail Ltd from going ahead with its Rs 24,713 crore deal with Reliance Retail to sell its business. “The company’s advocates are in receipt of communication dated April 13, […]
Jaypee Infratech lenders ask NBCC to take government, regulatory nod on resolution
NEW DELHI: Lenders of Jaypee Infratech have asked state-owned NBCC to take the government’s approval for the revised bid that it has submitted to acquire the bankruptcy-bound real estate firm. NBCC, which offered 1,526 acre of land to lenders, has also been asked to give the break-up and locations where these land parcels are situated […]
Covid-19 update: Maharashtra enters ‘Lockdown style’ curfew April 14-30
MUMBAI: On anticipated lines, Maharashtra Chief Minister Uddhav Thackeray on Thursday announced ‘lockdown’ style restrictions starting 8 p.m. on April 14, till April 30, to break the chain of the coronavirus which has gripped the state. However, Mumbai suburban trains and city buses will continue to run, but commutes will be permitted for those in […]
Russia’s Sputnik vaccine approved for emergency use against Covid-19 in India: Health Ministry
NEW DELHI: India’s drug regulator has granted permission for restricted emergency use of the Russian COVID-19 vaccine Sputnik V with certain conditions, the Union Health Ministry announced on Tuesday, while stating that Dr Reddy’s Laboratories will import the vaccine for use in the country. The approval by the Drugs Controller General of India (DCGI) paves […]
China opens 5G station at world’s highest radar location near Tibet border
BEIJING: China has opened a 5G signal base at the Ganbala radar station in the remote Himalayan region of Tibet which is the world’s highest manually operated radar station at an elevation of 5,374 meters, the Chinese military’s official website reported on Monday. The mountain is located in Nagarze County in Tibet which is in […]
Imposing sanctions on India would be victory for Russia: Republican Senator
WASHINGTON: A top Republican Senator has said that imposing CAATSA sanctions on India for buying the multi-billion-dollar S-400 missile system from Russia would be a geostrategic victory for Moscow. Senator Todd Young, a member of the Senate Foreign Relations Committee, wrote in the Foreign Policy magazine that if the Joe Biden administration imposes sanctions on […]
India approves Sputnik V vaccine against Covid-19, to produce 850 million doses annually: RDIF
NEW DELHI: The Russian Direct Investment Fund (RDIF) has said that India has become the 60th country to approve the use of Sputnik V against coronavirus and more than 850 million doses of the vaccine are going to be produced in the country annually. The Drug Controller General of India (DCGI) has registered the vaccine […]
India must capture all segments of financial market to fuel growth: IMF
NEW DELHI: India is on the right track and is innovating on the policy side, including on digital identity and payments, but it also needs to capture all the segments of the financial market and institutions to make sure that every piece fits together like a puzzle to fuel growth in the country, according to […]
Cairn Energy offers to forego $500 million if India agrees to pay principal due
NEW DELHI: UK’s Cairn Energy Plc has offered to forego USD 500 million and invest that amount in any oil and gas or renewable energy project identified by the Indian government if New Delhi agrees to honour an international arbitration award and returns the value of loss it incurred because of being taxed retrospectively, sources […]
Market Capitalization of four of 10 most valued companies jumps over Rs 1.14 trillion
NEW DELHI: Four of the 10 most valued companies added Rs 1,14,744.44 crore to their total market valuation last week, with major contribution coming in from IT giants Tata Consultancy Services and Infosys. While Tata Consultancy Services (TCS), Infosys, Hindustan Unilever Limited and Bharti Airtel witnessed gains in their valuation, Reliance Industries, HDFC Bank, HDFC, […]
Bitcoin goes past $60,000-mark again, rises 1.32% to record $60,555.97
NEW DELHI: Bitcoin rose 1.32% to a record $60,555.97 on Saturday, breaking above $60,000 for a second time in 10 days. The world’s biggest and best-known cryptocurrency is up 118.3% from the year’s low of $27,734 on Jan. 4. On April 1, bitcoin crossed the $60,000 mark for the first time since March 18 on […]